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A Look Into The Past

January 25, 2018
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Why Luiz Carlos Trabuco Spearheaded the Purchase of the Brazillian Branch of HSBC for a Whopping $5.2 Billion

     Banco Bradesco SA forms an integral part of the Brazilian banking industry; it is the second largest private bank, after Itaú Unibanco. In fact, starting in 1951 to 2008, Bradesco was the largest private bank in Brazil. However, mergers and acquisitions characterize the Brazilian banking sector. And when Banco Itaú and Unibanco merged on November 4, 2008, to create Itaú Unibanco Holdings SA, the newly established Itaú Unibanco emerged the biggest Latin American bank by assets and market capitalization.

However, Bradesco has put up a fight in an attempt to regain market leadership. Case in point is the 2015’s acquisition of HSBC Holdings Plc.’s retail unit in Brazil. Bradesco acquired the Brazilian branch of HSBC for a whopping $5.2 billion. The face of the acquisition was the outgoing CEO, Luiz Carlos Trabuco. He, together with the immediate former chairman, Lazaro de Mello Brandao, and other high-ranking executives including Alexandre da Silva Gluher and Domingos Figueiredo Abreu successfully negotiated the deal that became known as the largest transaction in the sector in 2015. The acquisition altered the prospects of the bank, making it larger than Itaú Unibanco in three aspects: branch network, number of account holders, and total investment funds. However, Bradesco fell short of overtaking Itaú Unibanco regarding assets, deposits, and loans granted.

Lazaro de Mello Brandao was among the executives who were unhappy with Bradesco being dethroned. As the bank chairman, Brandao made it a personal mission to see Bradesco emerge the leading private bank. However, at the time of his resignation—October 11, 2017—Bradesco was still, and still is, trailing Itaú Unibanco. However, he remains optimistic that the incoming chairman, Luiz Carlos Trabuco, shares his vision.

Brandao’s resignation marked the end of his 74-year stint at the Osasco-based Bradesco. The 91-year-old executive joined Bradesco in 1943 and has been at the bank ever since. Patience, persistence, and hard work saw him rise from working as a clerk to become the president of Bradesco in 1981 and its chairman ten years later. In fact, he became the second professional, after Amado Aguiar—the founder of the bank—to serve both as the chairman and the CEO of Bradesco. Brandao stepped down as CEO in 1999.

Luiz Carlos Trabuco is the third professional to serve as the chairman of the board of directors and the CEO concurrently. Luiz Carlos Trabuco assumed the presidency of Bradesco in 2009, succeeding Marcio Cypriano. With Brandao’s resignation, Luiz Carlos Trabuco was elevated to replace him. However, Luiz Carlos Trabuco’s tenure in office, as demanded by the bank’s bylaws, will elapse in March. The bank is presently faced with the challenging task of naming a new CEO.

Luiz Carlos Trabuco’s successor, according to insiders, will be picked from a talent pool consisting of high-ranking executives. The unofficial list composed of potential Luiz Carlos Trabuco’s successors has the names of team leaders of departments and subsidiaries. Following are some of the professionals in the frontline to succeed Luiz Carlos Trabuco.

  • Mauricio Machado de Minas
  • Alexandre da Silva Gluher
  • Domingos Figueiredo Abreu
  • Josué Augusto Pancini
  • Marcelo de Araujo Noronha
  • Octavio de Lazari
  • André Rodrigues Cano

Preliminary investigations carried out by Bloomberg suggest that the seven have been part of Bradesco for as long as 43 years. Pancini, 57, joined Bradesco in 1975 and is the longest-serving of the seven. In addition, each professional whose name appears on the list has been instrumental in pushing Bradesco’s agenda. For instance, Alexandre da Silva Gluher and Domingos Figueiredo Abreu pushed Bradesco’s 2015 agenda that saw Bradesco make its most significant inorganic growth move in the recent past.

Learn more at http://economia.estadao.com.br/noticias/geral,prisao-dos-irmaos-batista-nao-impactam-risco-da-jbs,70001996105.

January 25, 2018
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George Soros Under Right-Wing Fire After Recent Philanthropy

George Soros is extremely active in American politics. At least, in the view of the alt-right’s conspiracy theorists. Throughout the past year, he’s been accused of single-handedly funding a number of violent movements in addition to a large number of other “leftist schemes.” However, scrutiny of Soros is nothing new. Since the early 90s when he made a fortune by shorting the British pound, the public, conservatives especially, have been wary of the financial power he wields. Often spending outrageous sums to further his political goals, he’s been made an easy target for the right wing. With his contributions of over $18 billion to Open Society Foundations, as reported by the Atlantic, the right-wingers have more ammunition than ever.

An Enticing Target For Partisan Conspiracies

However, the most recent target of right wing conspiracies hasn’t been his political donations or even his currency manipulation, but rather his philanthropy. A long-time advocate of progressive and democratic causes around the globe, Soros has given almost unfathomable sums to these causes, earning him the ire of those who oppose them. The partisan divide in the United States has shown this clearly with the right-wing being fervently opposed to his every move and scrutinizing every dollar given. The vicious divide fuels a suspicion against financial elites such as Soros and makes it easy for people to focus their anger and suspicion towards them.

It’s easy to understand this distrust. However, this kind of narrative can be incredibly dangerous, not only for Soros or those crafting the conspiracies but for democracy as a whole. These types of theories have become a staple of authoritarianism, and have been used in the past to cut down grassroots activism. But perhaps more diabolically, they muddle the very real discussion about the actual power that philanthropists have at their disposal and drown out valid concerns about the influence of these mega-donors with conspiratorial nonsense.

Why Have These Theories Been So Prevalent in the US?

The economy and political structure of the United States has made it seem the perfect place for philanthropists, but it has also been proven to foster conspiracies against them. So it’s no surprise that Soros, already a controversial figure outside the US, had attracted so much undeserved ire. A champion of globalism, progressive policies, and capitalism, his values alone have made him an easy target.

George Soros has never been one to steer clear of controversy, and his philanthropy has shown this quite clearly. This has further compounded theories about him and has made it easy for outlandish conspiracies featuring him to gain a strong following.

The Real Power of Philantropy

Over the past few decades, Soros has given roughly $18 billion to his Open Society Foundations, which have used nearly all of those funds in order to further social-justice, human-rights, and democratic causes. In his most recent move, Soros has shown support for a more liberal immigration policy throughout Europe in order to help alleviate the recent refugee crisis. Soros and his ability to exercise power via wealth is something worth serious consideration. When one man can wield as much power as Soros, it’s easy for theorists to assume the worst. However, the real danger of these theories lies in the fact that they hide any real threats, and stifle actual discussion about a very real issue.

To Read More : twitter.com/georgesoros

January 24, 2018
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Cell Phone Jamming Needed In US Prisons

Every day in American prisons, prisoners are smuggling fully functioning cellphones into the jails. These phones can be used for a variety of crimes such as fraud or ordering hits. Gang leaders may be able to run their empire from a tiny smuggled cellphone from jail. Data from cellphones also allow prisoners to access the Internet and deploy online scams.

 

A murder plot against a prison guard was recently foiled in South Carolina. Not surprisingly, the inmate was able to make his plans using an illegally smuggled cellphone. It is no surprise that inmates in many prisons are out of control and prisons need a method to combat illegal cellphones.

 

Securus Technologies has developed a method to control cellphone usage within prisons. The system is much more complex than a typical signal jamming system. Their product is named the Managed Access Solution. They will create private cellphone network within the prison and control all of the phones used in the area. This will allow them to block unauthorized cellphone usage in the area. This technology is compatible with all existing cellular technology being used in the United States.

 

Managed Access Solutions was approved by the FCC and it is already being deployed and tested. Three prisons in the United States are already using this new solution. One prison facility reported that they were able to intercept 35,000 unauthorized communications within the first month of deployment. They were also able to track down the cellphone smugglers and helped them understand smuggling methods.

 

January 15, 2018
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George Soros Helping People Wake Up To The Threat Of Capitalism

One of the leading influencers in the political sphere of the United States is George Soros. As a wealthy businessman with abundant financial resources and a legislative lobbyist, George Soros has played a vital role in how the political spectrum of the country shapes out. He is the founder of Soros Management Inc, one of the biggest and the most profitable hedge funding corporations in the world, managing assets over $30 billion and counting as it continues to grow at a staggering pace till date. George Soros is a thought leader, an author, a philanthropist, and a businessman, who is well respected for business prowess, political ideology, and the philanthropic efforts he has endeavored in not only in the United States but the world over.

George Soros believes that it is essential for the world leaders to come together and address the issues that are infecting the society that we live in. First and foremost, he believes that people should wake up to realize that capitalism is real threat and must be aware of the consequences it can lead to in the future. George Soros says there is a fragile line between capitalism and totalitarianism, which is diminishing with time as the governments are suppressing people’s voice and the rights of people have not defended anymore. George Soros is also counted amongst the most generous philanthropist and has given away $32 billion towards philanthropy in his life so far. Recently, he announced a donation of $18 billion to his charity foundation named Open Society Foundation.

George Soros is Jewish by birth and was born in Budapest, Hungary. However, after Nazis occupied Hungary, George Soros and his family had to flee their homeland to escape death. After moving from Hungary, Soros and his family settled in the United Kingdom, where George Soros completed his education at the famous London School of Economics. It is here that his passion for business started and grew further and he decided to shift to United States after completing his education. And, it is what he did after his graduation. In the United States, George Soros preferred to make New York, his preferred choice of residence to try his hand in the most prominent financial district of the world, Wall Street. It is here he founded Quantum Fund, which continues to be one of the most significant and most profitable funds of all time.

The birth of Soros Management opened a new chapter in his life and marked the beginning of his entrepreneurial and business success that is historic and legendary. He came to limelight, and people started to recognize him when he shorted the British Pound and pocketed a billion dollars in profit. It is this move that made him a culprit in the eyes of many as it led to the sudden downfall of Britain’s financial market. George Soros, however, has used his wealth in a very efficient manner till date to empower local communities and implement and back reforms that would promote the next generation a better tomorrow.

To Read More Click Here

January 15, 2018
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Jeff Yastine Looks At Amazon’s Purchase Of Whole Foods

Jeff Yastine is a financial writer, editor, and anchor who began working for Banny Hill Publishing in 2016. Jeff Yastine has over twenty years of experience in business media with him being Emmy nominated twice for business reporting. He has interviewed cornerstones of the financial world including major hedge fund managers and financial journalists.

Jeff Yastine currently works as the editor of the weekly column Total Wealth Insider. This newsletter picks stocks that most analysts pay little attention to with the goal of helping investors make money by not following market trends. Jeff Yastine specializes in picking turn-around stocks from major companies. These companies have a stable financial history that makes them safe bets. He is also skilled at picking small market cap stocks. These stocks are often neglected as investors assume that they will not be able to make huge amounts of money from these stock picks. Jeff Yastine is able to pick small market cap stocks that will increase in value allowing for safe and generous returns. Read more about Jeff Yastine at Bloomberg

Jeff Yastine demonstrated the thought he puts into investing in a recent article about Amazon’s acquisition of Whole Foods. This acquisition was initially heralded as a major business move that would shake up both the online and establishment based retail industries. It caused Amazon’s stock price to jump, traditional retailer’s stock price to plummet, and many people predicted that this was the start of Amazon’s takeover of the entire retail industry. Jeff Yastine predicted that this acquisition would not be as successful as many people thought. The first problem was that Amazon is generally not a food retailer, which means that it would have difficulty selling its products to Whole Food shoppers. In addition, most of these shoppers were already dedicated Amazon shoppers. This meant that Amazon’s purchase did little to increase its overall customer base. This resulted in a situation where Amazon slashed prices on a company with a high overhead business model. Customers quickly began to notice that many of Whole Food’s products were no longer as good as they used to be. This was bad for a company that built its place in the market on high quality specialty groceries. Finally, Jeff Yastine points out that this merger did little to compete with Amazon’s major competitor Wal-Mart. His ultimate conclusion is that the merger slightly over inflated Amazon’s stock price but did little to make it a stronger company.

More information here, CLICK:https://plus.google.com/+JeffYastine

January 11, 2018
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A Brighter Financial Future Is Earned By The Followers Of Igor Cornelsen

Igor Cornelsen has grown from his role as one of the top investment bankers in his home nation of Brazil to become a leading figure in the global investment markets through his role as the chief advisor with Bainbridge Investments. The investment specialist has identified a gap in the education of the majority of individual investors who have little idea of how their investments should be working for them or what to expect from a specific trade made but the need to create a better understanding of the investment markets continues to drive Cornelsen.

The chosen investment company of Igor Cornelsen is Bainbridge Investments, a company which he initially joined as a client who became so enthralled by his experience with the group he set out to bring his skills to the group as an advisor. Working with some of the best-known banks in Brazil in executive and leadership positions led to Cornelsen developing a global sense of the financial markets which has remained in place as he entered retirement and leads the investors of Bainbridge Investments into a series of long-term deals offering a high level of return. View ireport.cnn to know more.

Igor Cornelsen has been built his career on the success he has achieved on the markets and the fact he has been willing to follow his own path as an investment specialist unwilling to follow the stream of short-term goals most financial institutions are chasing in the 21st-century. Across most years, Mr. Cornelsen has looked to create a more dynamic approach to investing based on his belief in new investment opportunities in developing nations; Cornelsen believes the majority of individual investments have been stripped of the majority of their profits by the time they reach mainstream investors who should seek new companies to invest in form the developing nations. Not only does Igor provide his tips and advice through his work with Bainbridge Investments but he is also becoming increasingly popular on social media where he provides tips and advice for his followers on the best possible investment opportunities.

More information here, CLICK:https://www.resume.com/igorcornelsen

January 7, 2018
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Market America, Big Things Continue to Grow for Customers and Owners

Market America is a company with a rich history. The company specializes in one-to-one marketing and is headquartered in North Carolina. Since 1992, it’s grown to incredible new heights. Currently, the shop.com website is a part of the company and draws an incredible amount of business for Market America and its “UnFranchise” business owners. The company uses this term to describe the type of marketing opportunity it offers. Owners aren’t required to put forth significant amounts of money or have a ton of liquid assets to get started, as they would be required to start a regular franchise. The owners aren’t required to own or lease any land, and the business is completely portable, meaning they can take it wherever they like, and still earn money.

Market America has a unique offering on shop.com. The website offers cash back to its customers. The owners also make money from the cash back benefit. By creating new business owners, the owners earn residual income from a verticle marketing strategy, which is unique to Market America. There is much information available so that owners and future owners can get a grasp of the concept, in easy to understand terms that make sense. The company also has the benefit of not only offering its own products but also offering products from major retailers on its website. Offerings such as doorstep grocery delivery, are hugely beneficial to busy customers.

Market American has also gained respect from the better business bureau. The company, along with shop.com, has earned the “Torch Award,” and an “A+” rating. This is impressive, as large organizations with independent owners often have difficulty making the grade. The company is also endorsed by many celebrities, some of who even performed at the companies 25th-anniversary event. Future plans are big and even include working with Amazon Alexa to make shopping even more convenient. It’s a great time to check out Market America, and the many great opportunities they offer as a customer and an owner.

To Read More : www.meeton.com/profile/market_america/

January 1, 2018
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George Soros: NY Times and JPost Articles

George Soros has been in the news a lot lately. Not a lot of people know who George Soros is, but they’ve probably heard some crazy story about him. In reality, Mr. Soros is one of the few billionaires using his money to try to make the world a better place.

Unlike most other billionaires who donate millions, Soros isn’t running for office or trying to make up for something horrible he’s accused of doing. Over the past 30 years, he’s donated $18 billion to his Open Society Foundations. No one person’s made that large of a donation to a single organization in decades.

To most people, that’s an extremely large amount of money. In reality, he didn’t donate all of that in a single transfer. Over the last 30 years, he’s donated between $800 and $900 million a year to Open Society. As he earned more money, he donated more money. In the last few years, he’s given more than $900 million in a single year.

Most of the time, the Open Society Foundations operate in over 120 countries. Everywhere they go, they promote democracy and protect and fight for human rights. Recently, the organization’s attention on the U.S. has increased.

After the 2016 election, things in the U.S. kind of hit the fan. So many hate organizations came out of the shadows and began marching in the streets. Hundreds of groups have been attacked and harassed by this wave of hatred swiping over the nation.

Open Society is determined to bring the dark forces to their knees. Soros believes its best to fight back in any way. His philanthropic efforts haven’t gone unnoticed. Eileen Heisman, Chief Executive of the National Philanthropic Trust, thinks that George Soros is doing the right thing by standing his ground.

Unfortunately, there are two sides to every story. While most of the stories about George Soros are good and honest, there are several that are just weird and wrong. A lot of right wing conspiracy theorists believe that Soros is a demon trying to destroy their world.

Almost everything that comes out of their mouths involves Soros leading armies against them. Those armies include organizations like Black Lives Matter and Antifa. He’s also evil for supporting the Women’s March and the NFL players who chose to kneel during the national anthem.

Visit More : www.nytimes.com/topic/person/george-soros

December 28, 2017
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Jack of All Trades: Meet Eli Gershkovitch

Eli Gershkovitch is taking the Canadian beer scene by storm as the craft brewery trend continues to expand. Steamboat Brewery is one of the longest standing breweries in Canada and is led by Gershkovitch as CEO, brewmaster, and innovator set on taking the Canadian craft brew scene to new levels (http://www.imdb.com/name/nm6457149/).

 

In the 2017 U.S. Open Beer Championship, Canada impressed with a wide-variety of high-quality beers, taking home 24 medals. Steamboat Brewery impressed the judges with several high-performing brews.

 

Eli Gershkovitch leads Steamboat Brewery with a calm and steady hand, his motto is “you grow to meet demand, or demand will shrink to meet you.” This motto is tried and true in other economic models and has caused Eli to take the operations and focus on innovation and continuous improvement. Eli plans to keep the company at the forefront of the craft breweries by making changes to operating model and products as needed to keep pace with the ever-changing Canadian beer market.

 

The Canadian craft brewery industry has reached all-time heights. Dozens of new breweries continue to pop-up in Ontario, British Columbia, and other populated areas of Canada, and while most of these breweries fail within the first year there are a handful of breweries that introduce innovative or new products that make their mark on the industry.

 

Steamboat Breweries, led by Eli Gershkovitch, competes on quality, price, and quantity. What started as a small pub in Vancouver in 1995 has now expanded to seat over 750 in the original pub, launched multiple bars and restaurants throughout Vancouver that sell Steamboat exclusively, and the continued investment is seen through the growth and brand recognition of the Steamboat products throughout Canada, especially in Vancouver (AffiliateDork). The Steamboat brand has become a staple of the Vancouver tourist and local scene and is considered a true staple of the culture. Eli promised that this company would always express freedom to him and he would not be swayed by profits as his only motive, he has retained complete control of his company and uses his profits to fuel the expansion of Steamboat as well as increase the size of his classic car collection.

More at http://releasefact.com/2017/12/canadas-burgeoning-craft-beer-industry-owes-a-lot-to-trailblazers-like-eli-gershkovitch/

December 28, 2017
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Glen Wakeman Has Plenty Of Valuable Advice For Startups and Beginning Entrepreneurs

Glen Wakeman is an entrepreneur, mentor, and successful businessman who has done a lot in the course of his career. He earned, both, a Bachelor’s of Science Degree in economics and an MBA in finance during his educational days and now runs LaunchPad Holdings LLC. as its CEO and co-founder. What he does at LaunchPad Holdings is to help startup companies be successful by guiding them through the murky waters of getting a business off of the ground (BlogWebpedia). His 5 step performance methodology is known to many, and among the important steps that he recommends new business to focus on our leadership, human capital, and risk management.

 

Glen Wakeman is not only talented because he can guide people in-person but also because he is an excellent writer who can inspire through words. His writing has helped people to better understand administrative strategies as well as corporate management, and one of his unusual gifts is his ability to discover the specific ways to succeed in a variety of industries. This has allowed him to be able to guide many different kinds of businesses through their beginning phases.

 

When asked if there was one software piece or service on the web that has helped him to be more productive, Glen Wakeman pointed to live chat and Doodle. He said that live chat has helped to be able to take care of more customers than he could without it and that Doodle has allowed him to stay more organized and to keep administrative costs down. Aside from these, he also talked about Fiverr and how it has helped him to find affordable resources from all around the world.

 

As a man who loves to read, Glen Wakeman recommends that everybody pick up a copy of “The Art of War” by Sun Tzu. He feels like it is the best strategy book a person will find and that it offers valuable lessons on discipline and teamwork. He also suggests, through his own experiences, that keeping in contact with old friends, entrepreneur connections, and other business connections, is a good idea and something that he would of done more of if he could go back in time.

 

More about Glen Wakeman at http://analystoffinance.com/2017/12/glen-wakeman/